Commercial Sale Property - Mixed Use in Venice
SOLD for $3,635,000 on August 26, 2022
Listing Price: $3,900,000Sold Price: $3,635,000Sold Price/List Price: 93%
Sold Price/Original List Price: 77.34%
Description of Property
100% Occupancy! Great cash flow for the new owner. A mix of 37 office and 37 warehouse units and 59 parking places. Warehouses are approximately 12x28 with 15' ceiling and 10' rollup doors. Access 24/7. Very well cared for buildings. Full financial records are available with a signed NDA. Current income of $387,000+ with a NOI of approximately $$340,000. All information regarding the property has been gathered from several sources including public records and owner provided information. While the information is believed to be accurate all information should be independently verified through your own due diligence.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Mixed Use
City: Venice
County: Sarasota
Subdivision: Venice Edgewood Sec Of
Sq. Ft. Gross: 23,580
Sq. Ft. Living Area: 10,530
Cost per (heated) sqare foot: $370
Year built: 1956
Annual Tax: $20,907
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances:
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring:
Waterfront Info
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View: Intracoastal Waterway
Exterior & Construction
Architectural Style:
Construction: Block
Foundation: Slab
Roof:
Exterior Features:
Parking Features:
Floors Total:
Floors in Unit:
Cooling: A/C - Office Only, Central Air
Heating & Fuel:
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 1.29
Lot Size (sq. ft.): 56,198 square feet
Road Frontage: City Street
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Parcel Number: 0408020016
Zoning: ILW
Tax Legal Desc.: LOTS 1, 1A, 2A, 3A, 4A & 5A, BLK 202, & VACATED ALLEY ADJ TO N OF SAID LOT 5A, EDGEWOOD SEC OF VENICE CONTAINING 1.2 C-AC M/L
Listing courtesy of SOLUTIONS REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.